Paul Summerville • June 25, 2012

Commentary on the mania in negativity, followed by Krugman, Soros, Coughlin, mistake science, and pushing Canadian universities to the top of the heap.

Image from Dante's Inferno.

As an investment advisor friend said to me a few days ago about 50% of his job is keeping his clients from backing off the ledge 20 stories up. Time to lighten up?

Paul Summerville • June 24, 2012

Commentary on the Finnish lesson about schools, education reform in the United Kingdom, and political cartoons in the Middle East.

Successful education outcomes are about more than the school. Thanks to Karen of Kingston.

Atlantic -- What Americans Keep Ignoring About Finland's School Success
The Scandinavian country is an education superpower because it values equality more than excellence.

Paul Summerville • June 19, 2012

Commentary on false prophets, money at the centre of American politics, the incredibly shrinking US economy, how our mind works, a Russian love story from Stalinist hell, and Toronto’s Africentric student school.

Image -- 5,000 ducks crossing the road.

The dangers of economic certitude.

Financial Times -- Do not put your faith in the false deities of economists
Economics is a faith-based pursuit forever in search of a new deity.

Paul Summerville • June 12, 2012

Commentary on the mistaken belief that bonds are safe, problem with economics, as unions decline inequality deepens, Cameron moves away from Europe, more confusion in India, education revolution in Britain, and the LA Kings win the cup.

Sell bonds, buy equities.

Paul Summerville • June 6, 2012

Commentary on the looming depression, the lost high school educated generation, Michael Lewis on life and luck, the importance of libraries, and poverty's cruel harvest.

It’s bad when Martin Wolf contemplates depression.

Paul Summerville • May 30, 2012

Commentary on feminism’s civil war, historically important currencies, China delusions, Europe’s got things upside down, food surplus and deficit, and ending public funding of Catholic schools in Ontario.

What role mummy?

Paul Summerville • May 22, 2012

Commentary on why a mass murderer could go home to die, how universities spur growth, living a financial meltdown, Greece can go, public companies, the joys of living in Japan, and one take on free trade.

Letting Abdel Basset Ali al-Megrahi go home.

Vanity Fair -- The Lockerbie Deal
In 2009 the convicted Lockerbie bomber was sent home to Libya from a Scottish prison on grounds of “compassionate release”—he had only three months to live, authorities said.

Paul Summerville • April 7, 2012

Commentary on the rise of the germ, the need for big change in America, the diamond game, the decline of public education, how an American family living in Paris advanced art, and Rex waxes Murphy on Mulcair.

Nasty germs. Thanks to David of London.

Telegraph -- Life won't be the same without antibiotics
The over-prescription of these drugs to humans and animals spells the end of modern medicine as we know it.

Paul Summerville • April 6, 2012

Commentary on US jobs market, a Canadian inspired solution to Jerusalem, the consequences of climate change, it's Mitt, out of control students, and are the Liberals boxed out?

The jobs that get filled are lousy and the ones that don’t lack skilled workers.

Paul Summerville • March 15, 2012

Commentary on rising seas,, choosing paid for education rather than public education, Obama creeps ahead, getting out of debt, and it's not about robo calls it's about electoral fraud.

Eastern United States and global warming.

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Twin Virtues: Inequality of Outcomes & Equality of Opportunity©

Twin Virtues

Ultimately, the most successful societies find the balance between the twin virtues of inequality of outcomes and equality of opportunity.

The new politics must marry the twin virtues of unequal outcomes and equality of opportunity.

When too few get too much everybody loses.

Feminism is about women living their lives on their own terms, marshalling the resources of the society to make that possible, and men embracing this as vital to a successful society and their own liberation.

Can it be that striving for equality of opportunity however imperfect the process not only benefits the individual but also creates benefits for the society that are unintended but wonderful?

Economics must be a 'moral enterprise' as much as politics claims to be. Economic outcomes need to be framed in terms of right and wrong not just efficiency if only because these often align in surprising ways that are good for society and the economy.

My vision of Canada is that any Canadian child from a family of limited circumstance can expect to have a chance at lifetime of unlimited opportunities.

Free trade is a wonderful thing. Time and time again economists have proven that free trade creates enormous wealth for each country 'on the whole'. Historians have shown that free trade is usually associated with rising political, social and cultural liberty. The perennial problem is that free trade always creates tremendous disruption for thousands even millions of individuals often concentrated in one geography, and where the state is idle, not investing in best in class instruments of social justice, free trade can be a permanent ticket out of the middle class, down, not up.

Tax policy should be founded on the principle of generating steady tax revenues sufficient to maximise environmentally sustainable economic growth in order to fund fair government.

Public policy should be designed to decrease inequality before the law and increase equality of opportunity.

Capitalism is not the problem; the problem is what we do with capitalism.

Content is always more difficult to argue than conspiracy.

Let the state regulate and the market operate (most things).

Welfare strategies are best designed as a hand up, not as a hand out.

Political debate should not be fact free fighting.

Explanation lasts longer than eloquence.

Always favour empowerment over dependency.

The most enduring public figures are embraced for the causes they fought for and not the concept of themselves they hoped others would remember them by.

Find your voice and don't be the echo of somebody else.

It is possible to operate on two different levels: the practical, cautious and conservative; and the realm of ideas, open, free, and radical.